| ID | 364452 |
| Title Proper | Testing the quadratic-utility hypothesis with experiments on rats |
| Other Title Information | Dept. of Economics, Univ. of Pittsburgh, Working Paper No. 55, March 1977 |
| Language | ENG |
| Author | Wichers, C. Robert |
| Summary / Abstract (Note) | In a recent article, John H. Kegel et al. demonstrated the feasibility of using animals to test hypotheses on human economic behavior. The present paper describes a test of this type. An experiment on rats is used to test the hypothesis that an individual's indifference map obeys a quadratic equation. The significance of this hypothesis is that it permits derivation of the individual's demand functions. |
| `In' analytical Note | In Hooley, Richard: Productivity measurement in Asian countries: paper delivered at the Asian Productivity Organization, Second Productivity Workshop held in Bangkok, December 5-12, 1975. [Dept. of Economics, Univ. of Pittsburgh, Working Paper No. 50] Pittsburgh, Pennsylvania. Department of Economics, University of Pittsburgh, 1975. |
| Key Words | Human economic behavior |